Sunday, January 16, 2011

State Budget Bunk

Steven Malanga, City Journal
In a 2009 segment on Comedy Central’s The Daily Show, host Jon Stewart told viewers that many recession-hammered states had turned to unusual methods to raise money. “Are any of these ideas actually stupid?” Stewart wondered. Cut to Daily Show correspondent Jason Jones, who described Arizona’s plans to sell its state government buildings for $735 million, lease them back, and keep on using them. Quickly discerning the problem with such a maneuver, Jones confronted Arizona state senator Linda Lopez: “So you’ve got $735 million for...

Source: http://www.realclearpolitics.com/2011/01/16/state_budget_bunk_248887.html

Meeks, Gregory W. Melancon, Charlie Mica, John L. Michaud, Michael H. Miller, Brad

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